World markets are up after Republican leader Donald Trump won the US presidential election and is set to return to the White House after four years.
Leading brokerages weigh in with their suggestions on how Trump's victory may impact Indian and global markets and what is in store for the debt market.
They also touch upon what will happen to gold and silver prices, give insights into whether the new administration would be inflationary and shape the US Federal Reserve's work.
Julius Baer
A Trump sweep is positive for equities and reinforces our longstanding preference of US equities over Europe.
Cyclical sectors like industrials and midcaps, as well as banks, oil and gas, and defence, stand to gain from the better growth outlook and Trump's policy direction.
While we see potential upside risks for gold from Trump's presidency, investors seem to be taking profits.
The bigger picture of the gold market remains very much unchanged, with a resumption of central bank buying, in particular from China, being much more important than the US presidential elections.
Morgan Stanley
For Asia, tariffs will be in focus and might come as early as the first half of 2025 (H1 CY25).
If implemented, they may bring downside risks to China and Asia's outlook.
Denne historien er fra November 08, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 08, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Industry bodies urge FinMin to ease TDS rate structure
Proposal seeks to lessen compliance burden on taxpayers and avoid litigation
After SC rap, Centre doubles penalty for stubble burning
Burning issue
Proactively made all disclosures, recusals: Sebi WTM on Cong's charges
Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.
Market regulator may water down skin-in-game rules for MF executives
The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.
MSCI adds 5 Indian stocks to key index
MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.
Trump's triumph: Will bulls run amok and gold, silver sparkle?
Top brokerages highlight opportunities, risks, and contradictions the new administration may offer
REIMAGINING ROLE OF AGRICULTURE
In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics
Inside the world of mad billionaires
Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.
Funding education
Easy financial assistance is not enough
Policy approach
RBI is acting selectively and with care
